Used primarily in organic synthesis, this compound serves as a key intermediate in the production of advanced materials, particularly in the development of conductive polymers and organic semiconductors. Its tetracyano structure makes it valuable in the creation of electron-deficient systems, which are essential for applications in organic electronics, such as light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it is employed in the synthesis of dyes and pigments due to its ability to form stable, conjugated systems with unique optical properties. Its reactivity also makes it useful in cross-coupling reactions, aiding in the construction of complex organic molecules for pharmaceutical and agrochemical research.